FTSE 100 muted as oil rebounds
London shares ended largely flat on Wednesday as surging oil prices lifted energy stocks while pharmaceutical firms declined. Bond yields rose globally as investors monitored Middle East talks.
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The United Kingdom's FTSE 100 index held flat on Wednesday afternoon at 10,705.26 points as climbing oil prices offset broader sectoral declines. Energy gains buoyed the benchmark while inflation concerns weighed on investor sentiment.
